Press service tel: +46 858 519 00, firstname.lastname@example.org
The Board of Directors of NCC has decided to replace the Group’s CEO in order to increase focus on the construction and civil engineering operations. Recruitment of a new CEO will commence immediately. Håkan Broman, who has served as General Counsel at NCC for many years, will assume the position of acting CEO as of October 30 until such time as a new CEO is in place.
Lower sales and earnings for NCC in the third quarter
NCC has been commissioned by Nordvästra Skånes Vatten och Avlopp (NSVA) to construct a superstructure over the treatment plant in central Helsingborg, as well as to build an extension. The work is being carried out to enable an urban regeneration project adjacent to the treatment plant. The order value is expected to amount to approximately SEK 275 million.
In accordance with NCC’s Articles of Association, owners of Series A shares are entitled to request that their shares be converted to Series B shares. As a result of such conversion, the total number of voting rights in the company is reduced. In connection with conversion, the company is obligated, pursuant to the Swedish Financial Instruments Trading Act (1991:980), to disclose details of the change in this manner.
NCC is to refurbish and expand the Falkoner Center in the Frederiksberg district of Copenhagen, Denmark. It involves a turnkey contract and the order is worth just over SEK 640 million.
NCC is impairing an infrastructure project in Norway and lower year-on-year sales in the Danish and Finnish construction operations are impacting profit in the NCC Building business area. NCC’s operating profit is expected to amount to approximately SEK 400 million (503) for the third quarter.
An increased focus on safety at NCC has helped to reduce the number of worksite accidents. The number of worksite accidents has been halved in the past six years. Today, the importance of safety will be discussed during Awareness Day at all NCC worksites.
NCC has entered into an agreement to acquire operations of the Peab-owned company Nordisk Fundamentering. Following the takeover NCC will be among the leading players in the foundation market in Norway.
NCC has initiated a partnering arrangement with Castellum to build a car showroom of slightly more than 25,000 square meters in Huddinge, south of Stockholm. The project is a turnkey contract and the order value is approximately SEK 278 million.
NCC’s operating profit was somewhat lower in the second quarter compared with the year-earlier period
Today, NCC was awarded an assignment to build a police station in Stockholm’s Rinkeby district on behalf of Familjebostäder. The project involves the redevelopment of a residential building into a police station.
NCC has been commissioned by PensionDanmark Ejendomme to build a complex of 17,000 m2, with housing units, offices and a parking facility. The contract is valued at approximately SEK 330 million.
NCC has been commissioned by Bonava to build Kapellgärdet Arena, comprising 152 tenant-owner apartments in Uppsala city center. The order value is approximately SEK 250 million.
Today, NCC and Platzer have signed agreements for a transaction whereby they will jointly develop a project in Gårda and are intending to implement a property deal in central Mölndal.